IT Staffing Report: Feb. 12, 2015

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US adds 129,500 tech jobs, total is almost 6% of private sector workforce

The US technology industry added 129,600 jobs in 2014 when compared to 2013 for a total of 6.5 billion jobs, according to a new report released by CompTIA. The tech industry now accounts for 5.7% of the entire private-sector workforce.

Growth was led by the IT services sector which added 63,300 jobs between 2013 and 2014, according to CompTIA. Next was the R&D, testing, and engineering services sector, which added 50,700 jobs.

“The US tech industry continues to make significant contributions to our economy,” said Todd Thibodeaux, president and CEO of CompTIA. “The tech industry accounts for 7.1% of the overall US GDP and 11.4% of the total US private sector payroll. With annual average wages that are more than double that of the private sector, we should be doing all we can to encourage the growth and vitality of our nation’s tech industry.”

CompTIA also looked at tech employment by state:

  • The leading states by tech industry employment in 2014 were California, 1.1 million; Texas, 581,200; New York, 346,500; Florida, 307,100; and Massachusetts, 286,300.
  • Fastest-growing states by tech employment were California, up 32,900; Texas, up 20,100; and Florida, up 12,500. By rate of growth, the fastest-growing states were Nevada, up 5.3%; Delaware, up 5.2%; and Tennessee, up 4.6% in 2014.
  • Highest concentration of tech workers were in Massachusetts (9.8% of private sector workforce), Virginia (9.4%), Colorado (9.2%), Maryland (8.6%), and Colorado (8.4%)
  • States with the highest average annual wage were California ($139,500), Massachusetts ($121,000), Washington ($119,300), New Jersey ($111,600) and the District of Columbia ($105,600).
  • Eight states had tech wages that were on average more than twice that of the overall private sector wage. They are, in order of highest differential: California, Idaho, Washington, Oregon, Virginia, North Carolina, Arizona and New Mexico.